Glasgow-based real estate developer Simply UK has secured a €40m investment to expand and develop its recently launched care home and retirement living division, Morar Living.
Finance
A new £5m charitable partnership to enhance elderly care has been announced by Legal & General (L&G) and Newcastle City Council.
Impact Healthcare REIT has announced its first care home acquisitions since pausing activity in March at the onset of the coronavirus pandemic.
A new report reveals that the public health and economic effects of the COVID-19 crisis are creating a “perfect storm” for councils’ finances.
Care home owners facing “astronomical” rises in insurance premiums are asking for government support.
A Bedfordshire care home will open later this month with additional COVID-19 infection control features.
The care home sector is facing an “uncertain future” ” with almost double the number of beds standing empty than at the same point last year, a survey has found.
People over 40 would have to pay more tax or national insurance in order to meet their later life care costs under plans being considered by the government.
Fourteen people are exhausting their assets every day for pay for their care costs, according to Age UK analysis.
A £100m land acquisition fund has been launched by leading retirement community developer and manager, McCarthy and Stone.
